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    525-537 Nj-57 Washington, NJ 07882

    For Lease
    Contact for pricing

    15,300 SF Medical Office - Available Now

    Lot size:
    15,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 15,300-square-foot medical office building is situated on a 3.24-acre lot in Washington, New Jersey, at 525-537 NJ-57, zip code 07882. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The building features a desirable 12-foot ceiling height, providing ample space and flexibility for various medical practices. The property is zoned for General Commercial use, ensuring a wide range of potential applications. Parking is readily available with a ratio of 2.86 spaces per 1,000 square feet. This property is ideal for a medical practice seeking a prominent location with significant space and convenient parking. The building's size and layout offer substantial potential for customization to meet the specific needs of a healthcare provider. Its location in Washington, NJ offers easy access to major transportation routes, ensuring convenient access for patients and staff. The property is available for sale or lease, making it a versatile option for various investment strategies. This is a rare opportunity to acquire a substantial, fully vacant medical office building in a desirable New Jersey location. Serious inquiries are encouraged.

    Property Features for 525-537 Nj-57

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,300 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    13,000 SF

    HighLights

    • ±15,300 SF medical office building on a ±3.24‑acre lot in Washington, NJ (07882).
    • Fully vacant, offering a unique opportunity for a single tenant.
    • 12' ceiling height.
    • ±3.24‑acre lot (Block 46, Lot 12).
    • 2.86 parking spaces per 1,000 square feet.
    • 2023 taxes: $41,437.25.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Washington
    County
    Warren
    State
    New Jersey
    Longitude
    -74.95811
    Latitude
    40.762613

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    FAQs

    What type of property is this?
    Medical office - 15,300 SF Medical Office - Available Now
    Where is this medical office located?
    The property is located at 525-537 Nj-57 Washington, NJ.
    What are key features of this property?
    This property features: ±15,300 SF medical office building on a ±3.24-acre lot in Washington, NJ (07882).; Fully vacant, offering a unique opportunity for a single tenant.; 12' ceiling height.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525-537 Nj-57 Washington, NJ 07882
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